Chinese consumers not only account for a growing share of high-end luxury goods purchases; they're transforming the way the market works.

How China Transformed The Luxury Goods Market

A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.

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In Western Colorado, towns and farms are banding together to pay a hundred million dollars for water they don't intend to use. Today on the show, how scarcity, climate change and a first-dibs system of water management is forcing towns, farms and rural residents to get spendy. 

Related episodes:
A watershed moment in the West? (Apple / Spotify) 
The Amazon, the Colorado River and a price on nature 
Water in the West: Bankrupt? 

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How Colorado towns are trying to get some water certainty

It's Jobs Friday and the jobs report is in! There's more jobs! ... but not as many as expected. And there's a teensy bit  more unemployment and slower wage growth. But there's an upside ... Plus, healthcare is growing like gangbusters and how immigrants affect American-born workers.

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Not too hot, not too cold: a 'Goldilocks' jobs report

College campuses nationwide are erupting with protests against Israel's war on Hamas in Gaza. A consistent theme among these actions: a call for university endowment "divestment." 

Today, we unpack what that means and how divestment would work. Plus, we hear from an expert who explains why divestment might not have the effect that many believe.

Related episodes:
Why Israel uses diaspora bonds (Apple / Spotify)  
How much of your tax dollars are going to Israel and Ukraine (Apple / Spotify)

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Protesters want schools to divest from Israel. How would that work?

The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This time, we shine a spotlight on one entry that explains how some businesses are feeling the impacts of higher for longer interest rates.

Related episodes:
The interest-ing world of interest rates (Apple / Spotify) 
The Beigie Awards: Why banks are going on a "loan diet" (Apple / Spotify) 
Where are interest rates going? 

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What a cabinet maker can teach us about interest rates

Sandwiched between a burger joint and an oyster bar in New York City hangs a daunting image: The National Debt Clock. And that debt number? It just keeps ticking up. How deep in the hole are we? Nearly a hundred percent of gross domestic product. And counting. Today on the show, the federal debt. Is it time to freak out? Or is there nothing to see here?

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How China Transformed The Luxury Goods Market

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